The Project comprises a large license area spanning some 250km2, and hosts the high-grade, potential bulk-tonnage Goulamina lithium deposit.

Further highly promising results have now been received for five (5) diamond holes evaluating along strike and down dip at Goulamina Main and West Zones (Figure 1). Of note, substantial intersections, including very broad widths at shallow depths, further confirm the significant upside potential of the exciting new West Zone discovery.

West Zone Extensions Results from diamond holes drilled at the West Zone (Figure 1 and Table1) define high grade extensions along strike and to depth in the northern and central portion of this substantial mineralised zone. Results include;

82m @ 1.64 % Li2O from 18m

51m @ 1.93 % Li2O from 127mincluding 22m @ 2.23 % Li2O

49m @ 1.68 % Li2O from 89mincluding 13m @ 2.09 % Li2O

36m @ 1.70 % Li2O from 91mincluding 10m @ 2.03 % Li2O

Drill holes into the West Zone have confirmed wide and high grade lithium mineralisation over approximately 300m of strike. The latest results include the widest and highest grade intersections reported to-date from Goulamina. These zones remain open along strike and to depth, implying significant scope for extensions along trend. Birimian believes there is excellent potential to add significant tonnages of high grade mineralisation with more drilling at West Zone.

Detailed drilling at Main Zone has defined shallow, continuous, high grade lithium mineralisation over approximately 700 metre of strike, and beyond 150m down dip (see Figures 1 and 2). Assays from the final deeper diamond hole at the southern-most extent of Main Zone ; 22m @ 1.11 % Li2O from 128m (bulked interval), confirm mineralisation continues at depth beyond the present limits of drilling in this area.Exciting Next Steps

A total of 50 holes for 5,179m of drilling have been completed at the Main and West Zones. This first phase work program provides the geological and grade data required to estimate the maiden resource at Goulamina. Cube Consulting and CSA Global have been engaged to undertake an independent resource estimation and preliminary economic mining study for the Project. Final data compilation and validation is progressing well, with the maiden JORC-compliant resource expected later this month.

Scoping level studies have also commenced with Como Engineers (Como) engaged to determine the key processing parameters and estimate capital costs, which will be used to define subsequent phases of detailed work at the Bougouni Project. Como has significant experience in process design and engineering of spodumene concentration plants, including recently undertaking the Definitive Feasibility Study for Pilbara Minerals’ Pilgangoora Lithium Project.

Digby Wells Environmental (Digby Wells) personnel are in the field undertaking the initial social and environmental assessment for areas around the potential mine and processing site at Goulamina. This preliminary study will identify key environmental and social considerations, and will enable Digby Wells to prepare the Terms of Reference for the Environmental and Social Impact Assessment (ESIA) which

Figure 2. Goulamina Deposit cross sections.

will be utilised to formulate an appropriate plan for completion of necessary base line studies and submission of the formal project ESIA for mine permitting.

Mineralisation is open along strike and to depth outside the present limits of drill coverage. Further drilling is planned to investigate extensions to mineralisation during the next phase infill and step-out drilling program. As previously advised, to facilitate completion of core processing and inclusion of all relevant data in the pending resource estimation, drilling has paused briefly and is expected to re-commence in November when scoping work has been substantially completed.

Goulamina – A Large Tonnage High Grade Lithium Deposit The Goulamina deposit possesses significant high-grade and bulk tonnage potential. It is situated in close proximity to a sealed highway, grid power and abundant water, with the Selingue hydroelectric power station located some 45km to the north west (Figure 3).

The Project's maiden JORC-compliant resource is expected later this month, and Scoping Study by December 2016.

The deposit has substantial scope to expand into a large tonnage and high grade lithium project significantly exceeding early expectations. Importantly, mineralisation is open at both zones and there is significant untapped exploration potential within the 250km2 project area. Birimian remains confident that over the course of subsequent drilling campaigns, it will progressively increase the lithia inventory at Goulamina; ranking the deposit towards the upper end of contained lithia globally.

Previous processing test work has confirmed the viability of the pegmatite at Goulamina to produce a high quality chemical grade lithium concentrate. Test results show good spodumene (lithium) recoveries (84.7%) and high mass yield to produce a high quality, chemical grade (6.7%) spodumene concentrate. For reference, concentrate grades of 6% are typically demanded by global lithium carbonate producers.

Competent Persons DeclarationThe information in this announcement that relates to exploration results and the Exploration Target is based on information compiled by or under the supervision of Kevin Anthony Joyce. Mr Joyce is Managing Director of Birimian Limited and a Member of the Australian Institute of Geoscientists. Mr Joyce has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results. Mr Joyce consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Previous Reported ResultsThere is information in this announcement relating to previous Exploration Results at the Bougouni Project. The Company confirms that it is not aware of any other new information or data that materially affects the information included in the original market announcement, and that all material assumptions and technical parameters have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.Forward Looking StatementsStatements regarding plans with respect to the Company’s mineral properties are forward looking statements. There can be no assurance that the Company’s plans for development of its mineral properties will proceed as expected. There can be no assurance that the Company will be able to confirm the presence of mineral deposits, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of the Company’s mineral properties.

JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data

Criteria

JORC Code explanation

Commentary

Sampling techniques

Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.

Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the Public Report.

In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.

At the laboratory, samples were weighed, dried and crushed to -2mm in a jaw crusher. A 1.0kg split of the crushed sample was subsequently pulverised in a ring mill to achieve a nominal particle size of 85% passing 75um.

Sample sizes and laboratory preparation techniques are considered to be appropriate.

Quality of assay data and laboratory tests

The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.

Drill hole data is compiled and digitally captured by company geologists.

The compiled digital data is verified and validated by the Company’s database consultant before loading into the drill hole database.

Twin holes were not utilized to verify results.

Reported results are compiled by the Company’s database consultant and the Managing Director.

There were no adjustments to assay data.

Location of data points

Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

Drill hole collars were set out in UTM grid WGS84_Zone29N

Drill hole collars were positioned using hand held GPS.

Downhole surveying for deviation was undertaken at 50m intervals down the hole.

SRTM elevation data was used to establish topographic control where appropriate.

Locational accuracy at collar and down the drill hole is considered appropriate for this early stage of exploration.

Data spacing and distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.

The reported holes located in proximity to previous RC holes, which were nominally drilled on 50m spaced east-west orientated drill sections.

Data spacing and distribution is not sufficient for resource estimation.

Sample compositing has not been used.

Orientation of data in relation to geological structure

Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.

If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.

Mineralisation at Goulamina outcrops at surface and the geometry of mineralisation is therefore well-defined. Drilling orientation has not biased the sampling.

Intersections in the reported drill holes are a reasonably reflection of the approximate true width of the mineralised zones

Sample security

The measures taken to ensure sample security.

Samples are stored on site prior to road transport by Company personnel to the laboratory in Bamako, Mali.

Audits or reviews

The results of any audits or reviews of sampling techniques and data.

There have been no external audit or review of the Company’s sampling techniques for diamond drilling.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria

JORC Code explanation

Commentary

Mineral tenement and land tenure status

Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.

The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.

The reported results are from an area within the Torakoro Permit, which is held 100% by Timbuktu Ressources, a subsidiary of Birimian Limited

Tenure is in good standing.

Exploration done by other parties

Acknowledgment and appraisal of exploration by other parties.

The area which is presently covered by the Torakoro Permit was explored intermittently by government agencies in the period 1990 to 2008. Exploration consisted of soil sampling and mapping for gold.

In 2007-2008 an evaluation of the commercial potential for lithium at Goulamina was undertaken by CSA Global as part of the SYSMIN 7 economic development program.

CSA undertook mapping and bulk sampling of the Goulamina outcrop but did not undertake drilling. Bulk sampling and preliminary processing testwork confirmed the viability of the pegmatite at Goulamina to produce a high quality chemical grade lithium concentrate

Geology

Deposit type, geological setting and style of mineralisation.

Pegmatite Hosted Lithium Deposits are the target for exploration. This style of mineralisation typically forms as dykes and sills intruding or in proximity to granite host rocks.

Surficial geology within the project area typically consists of indurated gravels forming plateau, and broad depositional plains consisting of colluvium and alluvial to approximately 5m vertical depth.

Lateritic weathering is common away from the Goulamina deposit and in the broader project area.

Drill hole Information

A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:

If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.

Significant results are summarised in Table 1 within the attached announcement.

The drill holes reported in this announcement have the following parameters applied -

Grid co-ordinates are UTM WGS84_29N

Collar elevation is defined as height above sea level in metres (RL)

Dip is the inclination of the hole from the horizontal. Azimuth is reported in WGS 84_29N degrees as the direction toward which the hole is drilled.

Down hole length of the hole is the distance from the surface to the end of the hole, as measured along the drill trace

Intersection depth is the distance down the hole as measured along the drill trace.

Intersection width is the down hole distance of an intersection as measured along the drill trace

Hole length is the distance from the surface to the end of the hole, as measured along the drill trace.

No results from previous exploration are the subject of this Announcement.

Data aggregation methods

In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.

Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.

The assumptions used for any reporting of metal equivalent values should be clearly stated.

A minimum cut-off grade of 1.0% Li2O is applied to the reported intervals.

Maximum internal dilution is 2m within a reported interval.

No grade top cut off has been applied.

No metal equivalent reporting is used or applied

Relationship between mineralisation widths and intercept lengths

These relationships are particularly important in the reporting of Exploration Results.

If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.

If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).

See discussion in Section 1

Results are reported as down hole length

Diagrams

Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.

Drill hole location plan is included in Figure 1.

Balanced reporting

Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

Results have been comprehensively reported in this announcement.

Drill holes completed, including holes with no significant intersections, are reported

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